Definition of TAXABLE DIVIDEND


TAXABLE DIVIDEND means the dividend paid by Spinco in the form of cash and Spinco interests immediately subsequent to the Distribution and immediately preceding the Merger.
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Examples of TAXABLE DIVIDEND in a sentence

A FOREIGN PARTNERSHIP HAVING TENNESSEE DOMICILE OR RESIDENCE AND HAVING TAXABLE DIVIDEND OR INTEREST INCOME THAT CAN BE ATTRIBUTED TO TENNESSEE IS SUBJECT TO THE TENNESSEE INCOME TAX A Partnership Is A Separate Legal Entity The modern trend of both the courts and legislative bodies is to treat a partnership as a legal entity separate from its partners for certain purposes.